November 11, 2020

What is Embedded Fingerprint Modules ?How Does it Work?

Embedded Fingerprint Modules are used for storing data such as the fingerprint template of an individual during the registration process. This fingerprint template needs to match with the fingerprint scan of an individual while he/she tries to gain access to devices and applications. The Embedded Fingerprint Modules market size is projected to grow at decent CAGR. Extensive use of Embedded Fingerprint Modules in consumer devices for biometric authentication, high adoption of biometrics by government bodies for enhanced security, and digitization in the time & attendance capturing are some of the driving factors for embedded fingerprint modules market.

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The List of Companies

1. 360 Biometrics
2. Aratek
3. BioEnable
4. HID Global Corporation
5. Holtek Semiconductor Inc
6. IDEMIA
7. Miaxis Biometrics Co., Ltd
8. NEXT Biometrics
9. Q Technology
10. SecuGen Corporation

The driving factor for global Embedded Fingerprint Modules market is its functionalities such as accurate and reliable recognition, increased level of security, and reduced vulnerability. The global Embedded Fingerprint Modules market is also deployed for employee time management system because of its capability to identify people's unique biological features. It provides fast, efficient and secure solution for employee's time and attendance solution. This is expected to drive the Embedded Fingerprint Modules market during the forecast period. The swift growth to Embedded Fingerprint Modules market worldwide is due to increased hacking cases which result into growth of new technically advanced security product across various industries.

The global Embedded Fingerprint Modules market is segmented on the basis of type, and application. On the basis type, market is segmented as Optical Fingerprint Module, Silicon Fingerprint Module, and Capacitive Thin Film Transistor (TFT) Fingerprint Module. On the basis of application, market is segmented as BFSI Sector, Retail Sector, Healthcare Sector, Law Enforcement Sector, and others.

Source: The Insight Partners